breakeven analysis 5
For this activity, you should identify one specific investment that you plan to make in your music industry career or organizational plans and then perform a break-even analysis for this expenditure.
Alternatively, you should feel free to perform a hypothetical break-even analysis with regard to investing in new merchandise for yourself or your artist.
Based on your findings/analysis, does this seem like a sound investment to make? Why or why not?
Break-Even Analysis
This link from Entrepreneur contains some important business calculators for leadership to have at the ready; please use the included Break-Even Analysis Calculator for this exercise:
https://www.entrepreneur.com/calculators/index.html
(You may also find this article from HBR helpful, as well – https://hbr.org/2014/07/a-quick-guide-to-breakeven-analysis
Post your results here.
